December 4, 2021

The World Live Breaking News Coverage & Updates IN ENGLISH

The World Live Breaking News Coverage & Updates IN ENGLISH

UltraTech Cement Q2 PAT seen up 4.9% YoY to Rs 1,267.4 cr: ICICI Direct

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, UltraTech Cement Q2 PAT seen up 4.9% YoY to Rs 1,267.4 cr: ICICI Direct, The World Live Breaking News Coverage & Updates IN ENGLISH
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, UltraTech Cement Q2 PAT seen up 4.9% YoY to Rs 1,267.4 cr: ICICI Direct, The World Live Breaking News Coverage & Updates IN ENGLISH

Net Sales are expected to increase by 12.9 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs 11,307.7 crore, according to ICICI Direct.

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October 08, 2021 / 05:09 PM IST

, UltraTech Cement Q2 PAT seen up 4.9% YoY to Rs 1,267.4 cr: ICICI Direct, The World Live Breaking News Coverage & Updates IN ENGLISH

ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Cement sector. The brokerage house expects UltraTech Cement to report net profit at Rs 1,267.4 crore up 4.9% year-on-year (down 24.6% quarter-on-quarter).

Net Sales are expected to increase by 12.9 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs 11,307.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.2 percent Y-o-Y (down 19.4 percent Q-o-Q) to Rs 2,558 crore.

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